Daily Roundup of Key US Economic Data for Nov. 2

03:09 PM EST, 11/02/2026 (MT Newswires) -- The ISM manufacturing index rose to 55.5 in October from 54.5 in September, led by gains in new orders and production, while employment and prices paid declined. The S&P Global manufacturing PMI was revised lower to 54.9 in October from the flash estimate of 56 and fell below 55.9 in September. Construction spending fell 1.9% in September after a 2% gain in August. Private residential construction declined 5.5% due to a 13% drop in remodeling activity. Single-family construction was little changed while multifamily construction edged up 0.1%. The Q4 GDP nowcast estimate from the Atlanta Fed is for a 3.7% gain, revised up from a 3.2% increase in the previous estimate.